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Studio · 612 sqftFive Palm Jumeirah, Palm Jumeirah · 4th floor · completed 2016

20406, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in October 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 20406 · DLD and Ejari recordsUpdated 5 October 2013
Last soldAED 1.73M5 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 20406, Five Palm Jumeirah

What is 20406 worth today?

Last sold for AED 1,731,950 in 2013

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5 Oct 2013Sold by developerOff-plan
AED 1,731,950AED 2,828 per sqft

Source: Dubai Land Department. Updated 5 October 2013.

Key facts

Type
Studio hotel apartment
Size
612 sqft
Floor
4th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.73M · October 2013
Building
Five Palm Jumeirah

About 20406, Five Palm Jumeirah

20406 is a studio of 612 sqft on the 4th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. The developer sold it on 5 October 2013 for AED 1,731,950, or AED 2,828 per sqft, in line with the AED 2,847 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 20406 over time

Sales
Unit 20406, each saleTypical studio in Five Palm Jumeirah
01M2M2013201720212025Typical sale price by year: 2013 AED 1,730,493; 2014 AED 1,835,143; 2015 AED 1,839,719; 2016 AED 1,851,879; 2017 AED 649,171; 2018 AED 618,440; 2019 AED 1,264,000; 2020 AED 123,074; 2021 AED 1,150,000; 2022 AED 1,689,610; 2023 AED 1,689,009; 2024 AED 1,915,000; 2025 AED 1,435,000; 2026 AED 1,160,650Sold by developer, October 2013: AED 1,731,950 (AED 2,828 per sqft)

20406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 20406, each contractTypical studio in Five Palm Jumeirah
81K82K82K201720182019Typical rent by year: 2017 AED 82,000; 2018 AED 81,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Five Palm Jumeirah, and where 20406 sits

All 352 studios →

20406 last sold in October 2013 at AED 2,828 per sqft, in line with what studios in Five Palm Jumeirah were fetching at the time (AED 2,847). Over the last 12 months studios sold for AED 1,100,000 to 1,400,000, around AED 1,941 per sqft.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 20261,100,000
15 Sep 20261,121,299
14 Aug 20261,200,000
13 Feb 20261,400,000
5 studio sales in the last 12 months

Five Palm Jumeirah

Building

699 apartments, studios to 5-bed over 16 floors in Palm Jumeirah, completed in 2016 by SKAI Zaya Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 2,549 Down 10.6%
Typical sale
AED 5.03M
Typical rent
AED 315K /yr
Typical yield
7.3%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 699 units in Five Palm Jumeirah
Value
104011-bedAED 2.36M · Oct 2023
10402StudioAED 1.62M · Mar 2023
10403StudioAED 990K · Nov 2020
10404StudioAED 1.75M · May 2014
10405StudioAED 1.25M · Jul 2023
10406StudioAED 1.73M · Jul 2013
104071-bedAED 2.74M · Aug 2013
1–7 of 54

20406, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 5 October 2013 for AED 1,731,950, or AED 2,828 per sqft.
  • Studios in Five Palm Jumeirah sold for AED 1,100,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,549 per sqft.

Source: Dubai Land Department. Updated 5 October 2013.

Questions about 20406, Five Palm Jumeirah

What did unit 20406 last sell for?

AED 1,731,950 on 5 October 2013, sold by the developer: AED 2,828 per sqft for 612 sqft. It is the only registered sale of the unit.

How big is unit 20406?

612 sqft (56.9 sqm): a studio on the 4th floor of a 16-storey tower completed in 2016.

What is unit 20406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Five Palm Jumeirah sold for AED 1,100,000 to 1,400,000 in the last 12 months, around AED 1,941 per sqft.

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Mortgage on 20406, Five Palm Jumeirah

Starts from the last sale price (AED 1.73M, 5 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,731,950
Deposit, UAE resident (20%)
AED 346,390
Deposit, non-resident (40%)
AED 692,780
Monthly over 25 years at 3.7%
AED 7,086

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →